Short-Form Audit Report

Short-Form Audit Report
A standard auditors' report in the USA that conforms to the short-form reporting requirements of the Securities and Exchange Commission and the American Institute of Certified Public Accountants. The report is generally divided into two paragraphs: one outlining what the auditor has done and the other detailing the findings.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.